Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Turn key restaurants
901 U NW St Washington, DC 20001-4019
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US16-0161563
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1910
Construction
BRICK
Total area
7,371 SF
Lot
0.09 ac (4,073 SF)
Zoning code
ARTS-2
APN
0360 0100
UPID
US16-0161563
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$815k
Owner & transaction history
Ninth Street Dev LLC · 21 yrs held
Ninth Street Dev LLC
since 2005
4 recorded transactions
Zoning & alternative use
ARTS-2 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This zone is intended to permit medium-density, compact mixed-use development, with an emphasis on residential development
Zone name
Mixed Use Uptown Arts
General category
MIXED_USE
Zone area
36.59 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Washington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$111 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$54,941
Tax year 2023
Assessed value
$3,330,980
Assessed 2023
Previous assessed
$3,330,980
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$1,861,440
Assessed improvement
$1,469,540
Land market value
$1,861,440
Improvement market value
$1,469,540
Total market value
$3,330,980
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1910
Construction
BRICK
Heating
NONE
Stories
2
Total area
7,371 SF
Lot
0.09 ac (4,073 SF)
Zoning code
ARTS-2
APN
0360 0100
UPID
US16-0161563
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
ARTS-2 · Washington, DCZoning ARTS-2 · permitted uses
ARTS-2 · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This zone is intended to permit medium-density, compact mixed-use development, with an emphasis on residential development
Zone name
Mixed Use Uptown Arts
General category
MIXED_USE
Zone area
36.59 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1910
Construction
BRICK
Heating
NONE
Stories
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Ninth Street Dev LLC
Entity
Mailing address
1924 I ST NW FL #2, WASHINGTON, DC 20006-2141
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2005
—
Ninth Street Dev LLC
—
Trustees Deed
related
$2,900,000 · Theodore & Geraldine Scheve
May 16, 2005
$2,001,000
Ninth Street Dev LLC
White Steven K
Trustees Deed
$1,833,000 · Industrial Bank
—
—
Ninth Street Dev LLC
—
Deed Of Trust
related
$2,720,000 · Bank Of Georgetown
—
—
Ninth Street Dev LLC
—
Deed Of Trust
related
$2,700,000 · Capital Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 901 U NW St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
